Everyone knows what Bitcoin is. It is the most popular and well-known cryptocurrency on the market. But, did you know that you can use it to play a game? In this article, we will teach you how to use Bitcoin betting for Dice. We will cover the basics of how Bitcoin works, how you can use it to play games, and the different types of games you can play with Bitcoin.
How Does Bitcoin Work?
Bitcoin is an online cryptocurrency which is based on the blockchain technology. The blockchain is a public ledger which records every transaction that has ever occurred. This means that the blockchain has a complete history of all Bitcoin transactions which can be accessed by anyone with an internet connection. As time goes by, more and more people are using the blockchain to keep track of purchases, send money to other countries, and even issue securities, all without having to go to a bank.
Types Of Bitcoin Games
The first thing you should know about Bitcoin is that it can be used to play games. In fact, one of the most popular Bitcoin games is Dice. This is a gameshow where players compete to match the numbers on their dice against the numbers on their opponents’ dice. After each roll, the players will compare their scores and either gain or lose, based on whether or not their score is higher than their opponent’s score.
One of the best things about Dice is that it is quite simple to understand. Anyone can play and anyone can win. But, if you want to make sure you are playing fair, you can enable the use of random number generators (RNGs) which will ensure that the dice are completely unpredictable. You can play against the computer or you can play against other humans. It is also possible to play for real money or you can play for fun.
Why Play Games On The Blockchain?
One of the biggest appeals of playing games on the blockchain is that it is inherently fair. Once you have set up a Bitcoin account with a digital wallet, it is simply a case of matching up all the dice and letting the blockchain do the rest. This ensures that no one can tamper with the data and that all the game scores are accurate.
In addition, the decentralized nature of the blockchain means that the game scores are stored locally on your device. This prevents any interference from third parties (such as internet service providers) who could see more than you wish them to see. The fact that these scores are not stored in a single place also means that in the event of a data breach or theft, the damage is limited to the individual player’s devices.
Where Can I Play Games Instantly?
With so many different types of games and a fast-paced, competitive spirit, it is no wonder that online casinos were among the first to incorporate Bitcoin into their systems. Today, you can find hundreds of different Bitcoin casinos where you can play all the popular games like;
- Slots
- Table games
- Baccarat
- Roulette
- Blackjack
- Caribbean Stud
- Craps
- Loto
- Triple Chance
- Mini Baccarat
- Red Dog
In addition to online casinos, you can also play games on your mobile phone. There are several different apps or sites which offer virtual betting with Bitcoin. So, whether you are in the middle of a crowded casino floor or in the comfort of your home, you can play games instantaneously.
Play Dice Now!
With all the information you need to know about Bitcoin, it’s time to dive into how to play Dice. First, you will need to decide whether you want to play for real money or for fun. Once you have made that decision, you will need to select a digital wallet in which to store your funds. Remember, whatever the amount of money you are playing with, it will always be counted in Bitcoin and therefore there is no limit to how much you can lose. Also, keep in mind that the person you are playing against will be able to see how much money you are putting into the game.
Once you have set up a wallet and decided that you are ready to play, it’s time to roll the dice! Simply visit one of the many online casinos which accept Bitcoin deposits, make a deposit, and then select the Dice game from the list of available and listed games. Once you have made the deposit, the only thing left to do is to roll the dice and have fun! If you want to play for real money, you can do so by contacting the casino support directly and they will happily walk you through the entire deposit and withdrawal process. You do not need a Bitcoin wallet to play Dice. Once you are finished, just log out of the game and you will be returned to the casino’s homepage.
What Are The Most Popular Games On The Blockchain?
Since Bitcoin is a technology which focuses on being user-friendly and accessible, it naturally follows that games would become a popular application for the platform. In fact, one of the most played and popular games on the blockchain is Dice. This is in part because it is such an easy game to understand and play. But, mostly it is because there are so many different types of games which you can play. This ensures that there is something for everyone which encourages more and more people to play. Along with Dice, the most played and most popular games on the blockchain include;
- Slots
- Sudoku
- Warfare
- EtherCalc
- EtherScan
- Matching Patties
- Blackjack
- Baccarat
- Roulette
- Triple Chance
- Craps
- Loto
- Red Dog
The next step is to decide which type of wallet you will use to store your funds and how much money you are likely to spend (or lose) on games. It is a good idea to take into consideration how much you are willing to lose before you start playing. Remember, the more you play, the more you will lose! As a general rule, it is best to use a hardware wallet (which we will discuss later in this article) for storing large amounts of cryptocurrency. Most digital wallets will not be able to cope with higher transaction volumes. So, if you are looking for user-friendliness and quick transactions, then a hardware wallet is the way to go. But, if security is your number one priority, then you should look into using a paper wallet.
Which Paper Wallet Is The Most Secure?
Now that you know how to use Bitcoin and are ready to play, the next step is to choose the most secure and user-friendly way to store your funds. This is where things get a little bit tricky because there is no exact answer to this question. The best way to find out which paper wallet is the most secure is simply to test them out for yourself. But, since you are new to this, let’s take a quick look at the top three most secure and popular paper wallets currently available;
- JPMorgan Chase Bitcoin Starter Kit
- Mycelium Wallet
- Bitcoin Wallet
Each of these wallets has been specifically designed for storing large amounts of cryptocurrency. Let’s quickly go over what makes them so secure;
- JPMorgan Chase Bitcoin Starter Kit
- Mycelium Wallet
- Bitcoin Wallet
- Each of these wallets is secured using a different, unique combination of security measures which makes it very difficult for hackers and cybercriminals to access your funds.
- The fact that there are no passwords to remember and no static addresses to memorize
- Ensuring the utmost confidentiality of your private keys
- Generating and storing private keys on your device alone. Meaning in the event of theft or loss, you will be the only one who can deny access to your funds.
- Access to your funds can be revoked at any time, even if you stored a private key for years
If you decide that any of these paper wallets sound good, then it’s time to move on to the next step which is to determine how much money you are willing to lose on the adventure of playing games on the blockchain.